Posted by Good123 > 2020-07-09 10:45 | Report Abuse

sabar je. bila big fund masuk, luar biasa nanti, harap jadi

Posted by Good123 > 2020-07-09 10:48 | Report Abuse

macam ffhb tiba2 Ada pihak Beli >5% dengan segera

Posted by Good123 > 2020-07-09 10:49 | Report Abuse

boleh berlaku juga. doh family pun 30% stake Saja Hostile takeover? Really?

FEDERAL International Holdings Bhd (FIHB) is one of the older companies on Bursa Malaysia. Anybody going past Petaling Jaya town centre would not miss the headquarters at Menara Choy Fook On that is located next to the city council.

The company, which manufactures furniture and all kinds of kitchen sets, is controlled by the family of Datuk Dr Choy Fook On. Based on the company’s latest annual report, Dr Choy and family are the largest shareholders with close to 30%.

The second largest shareholder is Voon Sze Lin with about 7%. The rest of the names in the top-30 list own less than 2.5% of the company, reflecting how tightly the shares are held.

On June 19, Muar Ban Lee Group Bhd(MBL), a plantation group based in Johor, emerged as a substantial shareholder with 5.09%. According to a news report, Muar Ban Lee Group wants to own a substantial stake in FIHB.

It is rather strange why the Johor based company wants to take up a substantial stake in the low profile furniture company. FIHB manages a turnover of between RM150mil and RM200mil per annum on average and ekes out a gross profit margin of 20%.

Its main corporate client is Starbucks Corp where the group manufactures and installs the furniture and fitting for the coffee chain’s kitchen, countertop, cabinets and display shelves. The Starbucks contract makes up for the bulk of its business as it serves the coffee chain’s Asia-Pacific needs.

Apart from Starbucks, FIHB also serves other retail chain specialists such as Coach, Borders book store, Krispy Kreme, McDonald’s and Target.

So FIHB has a niche in the highly competitive furniture industry. But its profits are not as big as other manufacturers such as the glove players because demand is stable and competition is high.

So why would MBL want to embark on a takeover of FIHB? Also, the Choy family owns most of the convertible instruments in FIHB. It is a defensive tool against any takeover.

Surely, MBL should be aware that having a substantial stake in FIHB can be an expensive exercise. So is this speculation of a takeover really true?

Posted by Good123 > 2020-07-09 10:50 | Report Abuse

>20mil shares traded Makin aktif

Posted by Good123 > 2020-07-09 10:56 | Report Abuse

Warrants juga 4mil units traded so early

Posted by Good123 > 2020-07-09 11:20 | Report Abuse

Kedudukan kewangan juga kacak :). D.B.E. GURNEY RESOURCES BERHAD
(Registration No. 200101000008 (535763-A))
(Incorporated in Malaysia)
3
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH 2020

(UNAUDITED) (AUDITED)
AS AT AS AT
31 MAR 2020 31 DEC 2019
RM '000 RM '000
ASSETS
Non-current assets
Investment in associates 11,288 9,800
Amount due from associate 17,576 17,598
28,864 27,398
Current assets
Inventories 41,055 40,008
Contract assets 30,619 31,474
Trade receivables 24,068 10,407
Other receivables, deposits and prepayments 10,387 10,224
Deposits with licensed banks 7,922 8,013
Cash and bank balances 5,925 1,843
119,976 101,969
TO TAL ASSETS 148,840 129,367
EQ UITY AND LIAILITIES
Share capital 61,011 56,842
Retained earnings 10,394 6,035
Total Equity 71,405 62,877
Current liabilities
Trade payables 47,906 32,284
Other payables and accruals 26,563 32,037
Tax Liabilities 2,966 2,169
77,435 66,490
Total liabilities 77,435 66,490
TO TAL EQ UITY AND LIABILITIES 148,840 129,367
Net Assets per ordinary share (RM) 0.03 0.02

Posted by Good123 > 2020-07-09 11:22 | Report Abuse

aliran tunai , cantik :).

D.B.E. GURNEY RESOURCES BERHAD
(Registration No. 200101000008 (535763-A))
(Incorporated in Malaysia)
5
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW
FOR THE THREE MONTHS PERIOD ENDED 31 MARCH 2020
(UNAUDITED) (UNAUDITED)
3 MO NTHS PRECEDING YEAR
CURRENT CO RRESPO NDING
FINANCIAL PERIO D FINANCIAL PERIO D
1 JAN 20 TO 31 MAR 20 1 JAN 19 TO 31 MAR 19
RM '000 RM '000
CASH FLO WS FRO M O PERATING ACTIVITIES
Pofit / (Loss) before tax from:
- continuing operations 5,776 2,215
- discontinued operations - (1,688)
5,776 527
Adjustments for :
Amortisation of leasehold land - 4 1
Depreciation of property, plant and equipment - 1,633
Loss on disposal of property, plant and equipment - 2
Reversal of impairment on investment in associates - (99)
Interest income (58) (40)
Finance costs - 367
Share of result in associate (1,488) 149
O perating profit before working capital changes 4,230 2,580
Biological assets - (667)
Inventories (1,047) (5,883)
Contract assets 854 -
Receivables (16,920) 2,648
Payables 13,205 (560)
Cash generated from/(used in) operations 322 (1,882)
Interest received 5 8 4 0
Finance costs paid - (367)
Income tax paid (619) (7)
Net cash used in operating activities (239) (2,216)
CASH FLO WS FRO M INVESTING ACTIVITIES
Purchase of property, plant and equipment - (2,008)
Proceeds from disposal of property, plant and equipment - 7
Investment in associates company - (221)
Net cash used in investing activities - (2,222)
CASH FLO WS FRO M FINANCING ACTIVITIES
Proceed from issuance of share capital 4,229 -
Repayment of borrowings - (254)
Repayment to hire purchase liabilities - (16)
Repayment to directors - (340)
Drawdown of banker acceptance - 1,814
Net cash generated from financing activities 4,229 1,204
NET INCREASE/(DECREASE) IN CASH AND CASH EQ UIVALENTS 3,990 (3,234)
CASH AND CASH EQ UIVALENTS AT BEGINNING O F PERIO D 9,857 8,503
CASH AND CASH EQ UIVALENTS AT END O F PERIO D 13,847 5,269

Posted by dmksn > 2020-07-09 11:43 | Report Abuse

0.035 gone by this afternoon, hehehe

Posted by persie > 2020-07-09 12:13 | Report Abuse

This afternoon some group will buy again as has happen yesterday... No more queue at 0.030.. Just buy 0.035..Closing at 0.040 today...

Posted by Good123 > 2020-07-09 12:13 | Report Abuse

~23mil shares traded

Posted by Quest12 > 2020-07-09 12:16 | Report Abuse

You all bought so many DBE share?

Posted by Good123 > 2020-07-09 12:32 | Report Abuse

2nd half today plus Friday plus Monday before e next Tuesday :)

Posted by dmksn > 2020-07-09 13:00 | Report Abuse

Its not too early to buy in warrant, mother 0.035 can be wipe off any minute or secs. And warrant 0.01 will be out of stock and quickly replaced with hundreds thousand of buy queue. Turn money into smart money.

Posted by Good123 > 2020-07-09 13:29 | Report Abuse

dulu, dbe rugi teruk, doh family tawarkan 3.5sen untuk semua Dalam 2018. kini, dbe untung berjuta-juta Dalam satu suku tahun Saja. nilai dbe tentu dah berlipatganda :)

The offer price of 3.5 sen a share is a premium of 16.67% or five sen to the five-day, volume-weighted average price (VWAP) of the counter.

The offer price is also a premium of 4.79% to the one-month VWAP of 3.34 sen and a premium of 13.64% to the six-month VWAP of 3.08 sen.

Doh Properties has also offered to buy the remaining warrants totalling 580.64 million for one sen apiece.

DBE Gurney, which is also based in Perak, has a market capitalisation of RM80.3mil.

For the second quarter ended June 30, DBE Gurney posted losses of RM2.76mil compared to a profit of RM44,000 a year ago. Revenue for the quarter fell to RM26.5mil from RM28.4mil.

Cumulatively, for the first half of 2018, DBE Gurney posted losses of RM7.7mil from RM214,000 in profits a year ago, on the back of a lower revenue of RM48.6mil from RM56.3mil previously.

As at June 30, DBE Gurney was sitting on RM7.4mil cash and total borrowings of RM11.7mil.

Posted by Good123 > 2020-07-09 13:33 | Report Abuse

dbe kini

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2020

31 Mar 2019

31 Mar 2020

31 Mar 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

20,232

5,525

20,232

5,525

2Profit/(loss) before tax

5,776

2,215

5,776

2,215

3Profit/(loss) for the period

4,359

-155

4,359

-155

4Profit/(loss) attributable to ordinary equity holders of the parent

4,359

-155

4,359

-155

5Basic earnings/(loss) per share (Subunit)

0.16

-0.01

0.16

-0.01

6Proposed/Declared dividend per share (Subunit)

0.00

0.00

0.00

0.0

Posted by Fklim888 > 2020-07-09 13:52 | Report Abuse

Is time for meletup ...would be next " crouching tiger & hidden dragon ".

Posted by persie > 2020-07-09 14:01 | Report Abuse

Who bought 0.030 yesterday and 0.035 today please don't worry.. Just a time of matter to grab profit.. 200% to 300% is guaranteed. If more patience 500% is not impossible...

Posted by Good123 > 2020-07-09 14:33 | Report Abuse

~24mil shares traded

Posted by Good123 > 2020-07-09 15:05 | Report Abuse

buy rate 100%

Posted by Good123 > 2020-07-09 15:06 | Report Abuse

vwap 3.5sen

Posted by Victor Yong > 2020-07-09 15:11 | Report Abuse

enough stake to get the proposals approved during EGM? :)

7179 DBE D.B.E. GURNEY RESOURCES BHD
Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director 37

Name : DOH JEE CHAI
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:



Details of Changes

Date of Notice : 11/02/2020

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 11/02/2020 Others 939,280,220 -


Circumstances by reason of which change has occurred:
Deemed interest by virtue of Section 8(4) of the Companies Act 2016 as atdate of appointment as Director

Nature of Interest:
Indirect Interest

Consideration:
You are advised to read the entire contents of the announcement or attachment.


No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 939,280,220 shares (35.0700%)
Total : 939,280,220 shares

Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



11/02/2020 07:00 AM


Ref Code: 202002113700028

Posted by Sashay88 > 2020-07-09 15:13 | Report Abuse

buy

Posted by 6182al > 2020-07-09 15:22 | Report Abuse

Just for info DBE is solely in construction only more in chicken

Posted by Good123 > 2020-07-09 16:13 | Report Abuse

tomorrow and next Monday before EGM on July 14

Posted by Good123 > 2020-07-09 16:13 | Report Abuse

any second is possible

Posted by Good123 > 2020-07-09 16:14 | Report Abuse

sudden surge, anytime

Posted by Good123 > 2020-07-09 16:14 | Report Abuse

this is a profitable company focusing on affordable housing or chicken poultry, solid , :)

Posted by Willy99 > 2020-07-09 16:18 | Report Abuse

20 cents?? Wait for 10 cents first la

Posted by Diego2020 > 2020-07-09 16:31 | Report Abuse

yep, almost 14million cash on hand, No borrowings, No Debt... 4.4million net income for 1QF20, Revenue increased up to 366% from 5.525mil to 20.232million...

Posted by Good123 > 2020-07-09 16:34 | Report Abuse

affordable housing, everywhere pun ok.

While the Covid-19 pandemic has affected the property market in Kota Kinabalu, demand for affordable housing continues to grow, says Rahim

Posted by Good123 > 2020-07-09 16:37 | Report Abuse

~28mil shares traded :)

Posted by Victor Yong > 2020-07-09 16:44 | Report Abuse

They managed money carefully like their own money :)

@Diego2020 yep, almost 14million cash on hand, No borrowings, No Debt... 4.4million net income for 1QF20, Revenue increased up to 366% from 5.525mil to 20.232million...
09/07/2020 4:31 PM

Posted by Victor Yong > 2020-07-09 16:45 | Report Abuse

MD at 40 years old, surely wanted to prove himself to the world :)

Posted by Victor Yong > 2020-07-09 16:47 | Report Abuse

usually alternate day, the volume will surge, observe tomorrow :) but next monday is the last day b4 egm on july 14

Recent Prices
Date Open Range Close Change Volume
08/07/2020 0.025 0.025 - 0.035 0.035 +0.005 (16.67%) 91,541,000
07/07/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 7,357,900
06/07/2020 0.03 0.03 - 0.035 0.03 +0.005 (20.00%) 52,999,700

Posted by Goodprofit > 2020-07-09 16:53 | Report Abuse

ahdoi back to 3sen

Posted by Goodprofit > 2020-07-09 22:00 | Report Abuse

i don;t think so can be 4sen before AGM , quite difficult

Posted by kllady_fidah > 2020-07-09 22:22 | Report Abuse

share consolidation 25 shares into 1..

Posted by Quest12 > 2020-07-09 22:52 | Report Abuse

@kllady_fidah, 25 into 1 is good or bad?

Posted by persie > 2020-07-10 07:20 | Report Abuse

Let's try to hit 0.040 today..

Posted by majidkhan > 2020-07-10 08:00 | Report Abuse

Dbe is phasingout its poultry bussiness when a frendly family tookover. Affordable home in perak. Hidup segan mati xmau for so long...

Posted by Good123 > 2020-07-10 09:11 | Report Abuse

Hari kedua terakhir sebelum EGM

Posted by Goodprofit > 2020-07-10 09:12 | Report Abuse

bolehkan naik 4sen

Posted by Good123 > 2020-07-10 09:13 | Report Abuse

dbe untung Dalam perumahan mampu milik Dan penternakan ayam Dan aktiviti Yang berkaitan.

Posted by Good123 > 2020-07-10 09:14 | Report Abuse

Hari ini Hari jumaat. selesa julai 14, EGM. better late than never

Posted by Good123 > 2020-07-10 09:18 | Report Abuse

barangkali Ada pihak Akan Beli lebih banyak syer untuk menambahkan undi mereka SeMasa EGM. selepas resolusi EGM diluluskan, harga dbe dijangka Akan Naik dengan serta merta.

Posted by Good123 > 2020-07-10 09:20 | Report Abuse

saya rasa portal biz online Akan dipenuhi oleh berita baik resolusi EGM diluluskan jika berjaya.

Posted by Goodprofit > 2020-07-10 09:20 | Report Abuse

3.5 sen blocking susah nak naik

Posted by sharebaby > 2020-07-10 09:44 | Report Abuse

no power

Posted by Goodprofit > 2020-07-10 09:45 | Report Abuse

Sure EGM vote will rejected 25:1 maybe 10:1

Posted by Goodprofit > 2020-07-10 09:46 | Report Abuse

If right now @25sen that's right 25:1